By A Correspondent
This February-end will mark the completion of a year since the unveiling of a new structure and brand identity by creative hotshop DDB Mudra Group in India. As part of the slew of changes that were planned for the network in India, the management had announced that the network would comprise of eight key agencies as under: DDB Mudra, DDB MudraMax, Mudra, DDB Health & Lifestyle, RAPP, Tribal DDB India, Water and Maatra.
While plenty was reported and written about the performance of the creative, out-of-home, experiential and other units within the group in the past one year, one unit that preferred to stay away from the limelight was Water, the brand consultancy specialist that was rebranded Interbrand India at the time of restructuring. But that is until now. Interbrand India seems to have finally found its footing in the country as it announced the take-off of its operations in India.
Formed by the transition of Water, the brand strategy and design consultancy of DDB Mudra Group, to Interbrand, Interbrand India will offer Interbrand’s complete suite of brand consulting services including brand strategy, audit/evaluation, design, brand management and verbal identity. The operation will continue to be located in Mumbai.
A communique issued to media stated the following: “Joining a client roster that includes Tata and Godrej, Interbrand India is pleased to announce that it has begun consulting for the Mahindra Group. Mahindra, one of the more progressive Indian brands, is looking to establish itself as one of the world’s most valuable brands and as part of the journey has engaged Interbrand on an extensive brand valuation project. The Interbrand offices in Mumbai & London will carry out the assignment.”
“India is one of the most exciting markets in the world for brands today, said Jez Frampton, Global CEO of Interbrand. “We are extremely pleased to have Ashish Mishra and his team join the Interbrand family and to mark the occasion with the start of a relationship with Mahindra, one of India’s most prestigious brands.”
Commenting on joining Interbrand, Ashish Mishra, Managing Director, Interbrand India said, “We want Indian companies to realize that brands are not mere logos or slogans but rank among the most important assets a business owns. Mr. Mishra continued, “As the world’s leading brand consulting firm, our task, quite simply, is to help the Best Indian Brands graduate to Best Global Brands.”
Interbrand’s brand valuation methodology – the first of its kind to be ISO certified – analyzes the many ways a brand touches and benefits an organization, from driving bottom-line business results to delivering on customer expectations. The methodology has been leveraged to build value, inform strategic brand management, restructure and create business cases for investments for some of the best global brands.